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Re: LoneGrey post# 139702

Tuesday, 06/29/2010 12:59:22 PM

Tuesday, June 29, 2010 12:59:22 PM

Post# of 179214
LG is right. 65% over is not an exact magic number. When I heard Monk answer this question (in person), he said the squeeze typically occurred around 65%-80% over the float but could even approach 2X the float before they cover.

The point is we are close. It may still take a bit of time. It may also depend on how much success the MM's have getting shares without squeezing.

Patience...